Sports Field Holdings, Inc. Signs Contracts with Dean College and St. Joseph by the Sea School
Two new contracts valued at $1.7 million among the first announced from Company's growing pipeline
WARRENVILLE, Ill., April 16, 2015 /PRNewswire/ -- Sports Field Holdings, Inc. (OTCQB: SFHI) ("Company"), an innovative product development company engaged in the design, engineering and construction of athletic facilities and sports complexes, today announced that the Company signed two contracts with a combined value of $1.7 million. Dean College and St. Joseph by the Sea School have commissioned Sports Field Holdings to refurbish their athletic facilities with the Company's turn-key solutions that also feature industry-leading Replicated Grass turf, which mimics the high blade density of natural grass, improving surface longevity, athletic performance and safety.
The Dean College project will feature a new multipurpose athletic training, practice and game field for competition in National Junior College Athletic Association events. The St. Joseph by the Sea School project encompasses the replacement of an existing artificial turf system, repair to the current field drainage system and installation of the facility's first stadium lights. Upon completion, the project will provide the private high school with a comprehensive renovation of its synthetic turf facility for athletic play and physical education.
"We're excited to be working with Dean College and St. Joseph by the Sea School in the redesign of their sports complexes," commented Jeromy Olson, Chief Executive Officer of Sports Field Holdings, Inc. "Our turn-key solutions range from the installation of our best-in-class turf product, Replicated Grass, to the design, construction and project management of running tracks, stadium lights, grandstands, scoreboards and press boxes, as well as concession stands and restrooms."
Jeromy Olson added, "Securing these contracts is indicative of our ability to quickly increase market share in what is estimated to be a $1 billion market. Our eco-friendly turf product is designed to prioritize athlete safety, as it is made without the harmful carcinogens found in crumb rubber or Silica sand turf products. This innovative product, in conjunction with our ability to efficiently design, and manage the development of contracted projects, positions Sports Field Holdings to effectively compete with our industry peers as the pipeline of projects continue to expand."
About Sports Field Holdings, Inc.
Sports Field Holdings, Inc., through its wholly owned subsidiary Sports Field Engineering, Inc., is a product development, engineering and design-build construction company, engaged in the design, engineering, constructing, and construction management of athletic facilities, and sports complexes. Construction management of sports facilities and synthetic turf sales are the two primary lines of business. These lines of business can be categorized as design, development, and manufacturing of sports surfacing products and associated pre-engineered construction systems.
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SOURCE Sports Field Holdings, Inc.
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